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JPMorgan cautions that the current rally in AI chip stocks may not last. The bank suggests that cloud giants' superior monetization potential or eventual capital expenditure adjustments could reduce chip demand, posing a key risk to semiconductor equities.
Read MoreJPMorgan is collaborating with Gulf banks on a $7 billion project loan aimed at supporting development initiatives in Syria, signaling a strategic push into the Middle East market.
Read MoreGoldman Sachs analyzes recent comments from Fed Chair Kevin Warsh at the ECB forum. Warsh noted that inflation expectations and risks have receded since June's FOMC meeting, and AI-driven supply expansion could significantly impact monetary policy. Goldman still expects the Fed to hold rates steady throughout 2026.
Read MoreStablecoinX has launched its core infrastructure software platform, Harness. This move provides a robust, scalable framework for developers and institutions to accelerate innovation and deployment within the stablecoin ecosystem, marking a key step in building foundational industry architecture.
Read MoreIn June 2026, A-share markets recorded 2.8646 million new investor accounts, a remarkable 73.99% year-on-year surge. Total new accounts for 2026 have exceeded 20 million, indicating strong retail investor confidence and potential sustained capital inflows.
Read MoreDigital China's subsidiary, Shenzhou Kuntai, has won a major PC server supply contract from China Mobile for 2026-2027. The deal, covering four ARM architecture-based packages, highlights a significant breakthrough in the domestic server market.
Read MoreSources indicate the US and Iran will hold a new round of talks on July 18. This meeting is seen as crucial for reviving the nuclear deal, with potential major impacts on Middle East geopolitics. The international community is watching closely for breakthroughs.
Read MoreA Lenovo executive asserts that AI computing power is not in surplus. He emphasizes limited mature consumer AI products and vast untapped enterprise potential, driving long-term demand. He also points to supply-side dominance and imbalance in the AI industry chain.
Read MoreIran's armed forces have issued a stern warning against any US interference in the Strait of Hormuz, declaring it a "red line." All vessels must follow Iranian-designated routes, or face immediate military response, potentially endangering their own safety.
Read MoreMeta's compute rental plans are a resource optimization move, not a retreat. The company is monetizing older hardware for cash flow while aggressively investing in next-generation AI chips for frontier model training, as seen in its increased capex guidance.
Read MoreSenator Elizabeth Warren has urged Federal Reserve Governor Christopher Waller to immediately halt his proposed overhaul of the Fed's 12 regional banks. She argues the plan may violate federal law, undermine the Fed's independence, and appears politically motivated rather than substantive. Warren demands Waller cease the effort and provide more information to Congress.
Read MoreIngenic disclosed that NOR Flash now accounts for over 30% of its storage business, with moderate price increases in Q1 and Q2 amid relatively stable capacity. Revenue growth is driven by volume gains, particularly in AI server and optical module segments, showing notable expansion this year.
Read MoreOn July 2nd, DeepSeek's status page reported performance issues affecting web and API services. The disruption lasted approximately one hour before normal operations were restored in the late afternoon, highlighting ongoing challenges in maintaining stability for large-scale AI services.
Read MoreStandard Chartered has launched USDC minting and redemption services for institutional clients via the Dubai International Financial Centre. It is the first Global Systemically Important Bank to offer such digital asset access and clearing through a fully compliant banking channel.
Read MoreCICC analyzes Meta's plan to lease AI compute capacity, arguing it shouldn't be seen as a sign of industry-wide oversupply. The report cites Meta's unique ad-driven business model, its own compute shortfall, and strong inference demand as reasons why AI hardware growth remains robust.
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